Individual Tax Rates 2024 Malaysia. Budget 2024, unveiled by malaysia’s finance minister on 13 october 2023, focuses on measures to broaden the tax base, such as the introduction of capital gains. Here's how you can calculate based on your personal income band and the individual progressive tax rate in malaysia.
Special relief of rm2,000 will be given to tax payers earning on income of up to rm8,000 per month (aggregate. Count your tax deductions to see if you save on taxes this year.